26 June 2018

Fitch raises rating of PJSC Kazanorgsintez up to Level B+


Fitch Ratings raised long-term issuer default rating (IDR) of PJSC Kazanorgsintez from Level В up to Level В+. Rating outlook is Stable. Fitch as well confirmed short-term IDR of PJSC Kazanorgsintez on Level B. According to the rating agency official statement, the rating increase results from the clarification of the scope of planned projects on expansion of activities within the next three years; and the rating increase is as well conditioned by the agency opinion that PJSC Kazanorgsintez will follow conservative financial profile.

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Organicheskiy Sintez KPAO published this content on 06 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 September 2018 14:21:04 UTC